358 S Orange Ave, Newark City NJ 07103-2118

Property City
Newark City
Property Media
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Property Price
$1,300,000
Year Built
0
Tax Annual Amount
$42489
TaxYear (*text)
2025
Roof (*text)
Flat
Lot Size Area
0.06
MLS Status
Active
MLS #
4020133

Income-producing mixed-use asset featuring 6 residential units and 2 street-level retail spaces on a high-traffic corridor. Strong in-place cash flow with additional upside through lease-up and rent optimization. Value-add opportunity with select units offering below-market rents and vacancy allowing for strategic repositioning.Efficient layout with separate utilities supports streamlined operations and expense control. Retail frontage provides visibility and diversified income stream.Located near major transportation, public transit, and neighborhood amenities, supporting consistent rental demand. Ideal for investors seeking a stabilized asset with near-term upside potential in a growing urban market.

Yearly Tax Rate
3.999
Year Built (*numeric)
0
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
GarageSpaces
0
Heating
4+ Units, Forced Hot Air
Lot Size Dimensions
40.6 X68.2
Property Location

40.740055053421, -74.200494289835

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762